Financial Data and Key Metrics Changes - Revenue for Q3 2025 was $269 million, an increase of $8 million or approximately 3% compared to $261 million in Q3 2024 [5][23] - Gross profit rose to $68 million, up $23 million or 51% year-over-year, with a gross profit margin of 25% compared to 17% in the previous year [23][24] - GAAP net income for Q3 2025 was $13 million, down $5 million or 28% from the previous year, primarily due to a decrease in non-cash pension income [24] - Operational EBITDA for Q3 2025 was $29 million, an increase of $28 million from the previous year [24][25] Business Line Data and Key Metrics Changes - Advanced Materials and Chemicals segment saw a revenue increase of 15% year-over-year, driven by investments in core competencies [8][9] - The commercial print business continues to innovate and invest in new products, providing a full range of solutions for both offset and digital print [11][12] Market Data and Key Metrics Changes - The company reported a cash balance increase of $13 million from June 30, 2025, ending Q3 2025 with an unrestricted cash balance of $168 million [15][27] - The company expects to end 2025 with a cash balance of more than $300 million, positioning itself in a net positive cash position [18][29] Company Strategy and Development Direction - The company is focused on long-term investments and growth initiatives, emphasizing operational efficiencies and customer satisfaction [5][30] - Kodak is committed to maintaining its core competencies in layering and coating, with ongoing investments in Advanced Materials and Chemicals [8][9] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to navigate current market upheavals and emphasized the importance of smart revenue and growth initiatives [6][30] - The completion of the pension reversion process is expected to strengthen the balance sheet and provide opportunities for growth [7][18] Other Important Information - The company has successfully executed the termination and settlement process for the U.S. Kodak Retirement Income Plan, with an estimated surplus of $1 billion [16][17] - The Series C preferred stock held by Grand Oaks Capital was exchanged for common stock, eliminating the outstanding amount of the original $100 million in Series C preferred stock [19][20] Summary of Q&A Session - There was no formal Q&A session during the call, but the management encouraged participants to reach out to the investor relations team for any follow-up questions [4][12]